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Buying a survey report
MSAS
Posts: 8 Forumite
Hi,
We are FTB and have found a perfect place for us (detached bungalow). This property went under offer before and a building survey was done by the previous potential buyer. However they pulled off due to their change in circumstances and we made an offer and are going ahead with the buying process.
Since the building survey was done already some 4 months ago, we are thinking of saving some money and buying the building survey report from the previous buyer (who pulled the offer) in a discounted price about £200. We were told by both owner and EA that the survey passed with some minor recommendations.
Our lender is anyway going to get a basic survey done, property is of late 1980s, so any suggestions whether its wise to buy the survey report or should we get a fresh building survey done?
Any help/suggestions are much appreciated.
We are FTB and have found a perfect place for us (detached bungalow). This property went under offer before and a building survey was done by the previous potential buyer. However they pulled off due to their change in circumstances and we made an offer and are going ahead with the buying process.
Since the building survey was done already some 4 months ago, we are thinking of saving some money and buying the building survey report from the previous buyer (who pulled the offer) in a discounted price about £200. We were told by both owner and EA that the survey passed with some minor recommendations.
Our lender is anyway going to get a basic survey done, property is of late 1980s, so any suggestions whether its wise to buy the survey report or should we get a fresh building survey done?
Any help/suggestions are much appreciated.
0
Comments
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This will be ruled out by the terms and conditions that the previous buyer entered into with the surveyor.
The owner and EA would tell you that, they want it sold.
You commission and pay for your own report, then you have redress with surveyor etc0 -
arbrighton is right. The Terms and Conditions of the Survey bar it from being used by a third party (ie you).
You need to get your own one done.Eat vegetables and fear no creditors, rather than eat duck and hide.0 -
You can often buy the survey, but it's for information only. The surveyor would refuse to talk to you, since you're not his customer and you wouldn't be covered by his insurance if he made a mistake. If you're happy with that, then you might as well. If you want the safety then you'll need to get your own one done.Changing the world, one sarcastic comment at a time.0
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Its my experience you can often buy the survey. A surveyor is usually quite happy to get some more cash out of a done deal. There is of course an insurance issue for them with a further potential exposure (although of course their first liability is now gone if buyer no. 1 has dropped out). They would assign the benefit of the survey to you in writing for a reduced fee. Which you can haggle over. Not all do it, but its worth enquiring.Total debt at 18.9.17 £1950
Debts down £12,700 high in Feb 2015, £10,700 April 15, £8830 May 15, £6776 June 15 , £5857 July 15 £6970 1.3.16
£3950 15 May 2017 £3470 July 17 £2650 21.8.170 -
Exactly as Polly says, speak directly to the firm of surveyors who carried out the previous sale and ask them to carry out a re-inspection on your behalf. They will obviously need to visit the property again, but will almost certainly charge you a lower rate than normal as they won't need to write a complete report from scratch.0
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